Nonsense, the developer has already made their profits, whether they sell the remaining units or not, does not matter. Crappybelle also have many who bought and having hard time unloading their units.Originally Posted by stalingrad
New Launch Project Specialist
Nonsense, the developer has already made their profits, whether they sell the remaining units or not, does not matter. Crappybelle also have many who bought and having hard time unloading their units.
Not Newbie
Actually this is not true. Being a freehold land, the developer can well afford to delay construction. The only reason why the showflat is torn down is due to the good sales. Typically a sale rate of 50% - 75% will be sufficient for the developer to cover their construction costs.
The rest, as they say, are all profit for the developer.
Newbie
To add on that 0.000000001% chance remark - from the mthly sales of Nov, nothing > 1,500 on the radar screen at all
Newbie
Well I'm not surprised. Last heard they had 12units to go and that was 2 weeks ago. Maybe now 100% sold liao!
Senior
remember i was betting on a 5xx number? missed by 1...why did it have to come in at 600 units zun zun???
nevermind, for dec i bet again 5xx units sold LOL.
To add on that 0.000000001% chance remark - from the mthly sales of Nov, nothing > 1,500 on the radar screen at all
F01 N54 Sheer Driving Pleasure
20 units are still available as of 30 November 2009.
Newbie
20units is like 5% left of the 396 unit development, not bad
Junior
Haha, whatever happened is a good news to you. I bet you will live to be 100.20units is like 5% left of the 396 unit development, not bad
Even developers giving up without selling out first is a good news to you. But it is obviously not as good as developers selling out within a month or even one week, as is the case with a lot of condos nearby.
As I said many times, hungry trees looked overpriced and overhyped. while as a person with a condo in the area, I should do whatever I can to add to the hype. but honest as I am, I must say that it is a bad buy for those who jumped on the hungry trees wagon. it is no better than any of the condos nearby but priced higher. How can it have been a good buy. NOt jealousy here, but honest and hard headed analysis.
I have nothing to gain to trash hungry trees. but honesty is my middle name.
Newbie
LOL .... Hey fren, as u know, the tide is turning lah, so we all gonna see less in quantity but more in 'quality' (i.e. $$ amount). Let's see this festive mth got wat kinda number .. v soon can check out in a mth's time.remember i was betting on a 5xx number? missed by 1...why did it have to come in at 600 units zun zun???
nevermind, for dec i bet again 5xx units sold LOL.
Newbie
That caveat still reflected there ... maybe confirmed as what Reporter has reported i.e. it's sub-sales.To add on that 0.000000001% chance remark - from the mthly sales of Nov, nothing > 1,500 on the radar screen at all
Newbie
http://business.asiaone.com/Business...31-188980.html
By price, Hundred Tree is king of subsale
Senior
typo, ura website shows all transacting around 900-1000psf. still a decent profit from that short time.
F01 N54 Sheer Driving Pleasure
Can't break September's new high of $1,219 psf.
17 units available as of 31 December 2009.
Newbie
Cos these are usually the larger units with more sqft
Newbie
Since Jan 2010 there has only been one sale and I don't think there are any real resale yet. Anyone knows what's the problem?
Junior
Obviously an error. See below. two transactions on the same day. Both at 1,387k. What a co-incidence!!! The obvious answer to this conundrum is that some one keyed in the number for #11-01 for #03-03.
81 West Coast Drive #11-01
956 Yrs From 27/05/1928
$941
1475
$1387k
02 Nov 09
81 West Coast Drive #03-03
956 Yrs From 27/05/1928
$1517
915
$1387k
02 Nov 09
No recent transactions surprises you? How come it does not surprise me?
Senior
81 West Coast Drive #08-04
956 Yrs From 27/05/1928
$934
1313
$1226k
04 Jan 10
81 West Coast Drive #11-03
956 Yrs From 27/05/1928
$1003
915
$917k
30 Dec 09
89 West Coast Drive #03-18
956 Yrs From 27/05/1928
$902
1475
$1330k
22 Dec 09
87 West Coast Drive #11-14
956 Yrs From 27/05/1928
$968
1302
$1261k
21 Dec 09
87 West Coast Drive #06-15
956 Yrs From 27/05/1928
$994
915
$909k
04 Dec 09
Newbie
15 units available as of end Jan.
4 units of 4bdr and 11 units of 3+1. Almost the entire stack 04 are unsold, less #08-04.
Newbie
yes, got two Hutton agents (developer's rep i think) called me a few time to tell me about the 04 stack. one unit costs 1.2mil minimum. i just told them flat i dont have the money. erm, actually the money is one thing, the value-for-money is another. seems like this forum already many pple believe hundred treees overpriced. i go other threads, also many pple say other projects overpriced. if all overpriced, then how? surely prices must come down, since not all buyers buy to stay?
Newbie
See who blink first, buyers or sellers.
As someone looking for a good buy, I have a lot of patience. I can wait. And if prices remain ridiculous(this is subjective, of course), I can just wait some more.
More than $1000 psf in RURAL areas(like West Coast) means I will wait.
Newbie
well said, well said.
Newbie
Agents...I dun believe anything they say. They can say different things to different people in the same breath.
Newbie
for less than $1000psf you will have to wait long long. $1000psf is the buying price and nobody will be stupid to loose money after 5mths unless they have to
at the moment, those who bought 2+1 and above are usually stayers. speculators usually wont go for the larger units when there are smaller ones here. in short, i think ppl who bought this development especially ones costing >1m are investors who have holding power. many units here cost >1m and speculators usually wont pass the bank.
one of the reason for the lull period is because of the parc which is going to top. hundred trees will just have to wait till the parc frenzy is over
Newbie
btw, this project will start only after June 2010 so the next payment should be at least a year down the road. if seller is in need of cash, he won't liquidate this asset for a loss as he gets nothing in return (payment paid up barely enough to cover loss, lol)
at least not within this year or early next
Newbie
1000psf or below wait long long? hmm......
check out this very recent excerpt from ST:
"Under the laws of economics, prices will not go up indefinitely. At one point or another, prices will have to come down because it is not possible for wages to catch up with it and when it comes crashing down. Singaporeans who have paid a hefty amount for the flats will now be plunged into financial distress, as banks continuously urge them to replenish their mortgage loans."
good luck to those speculators, even if they have to wait, with all the talk about overheating and bubble formation, they are the ones who have to sweat it out. in this case, all buyers with capital (like myself) should beware: be fearful when others are greedy. just wait and be patient. wait for those greedy idiots to sweat shit out of their pores.
Newbie
too early to tell a bubble, in addition, 1 more year down the road (that's when buyers are paying the next installment), the parc would be mostly sold and prices should surpass hundred trees <-- if conditions are right1000psf or below wait long long? hmm......
check out this very recent excerpt from ST:
"Under the laws of economics, prices will not go up indefinitely. At one point or another, prices will have to come down because it is not possible for wages to catch up with it and when it comes crashing down. Singaporeans who have paid a hefty amount for the flats will now be plunged into financial distress, as banks continuously urge them to replenish their mortgage loans."
good luck to those speculators, even if they have to wait, with all the talk about overheating and bubble formation, they are the ones who have to sweat it out. in this case, all buyers with capital (like myself) should beware: be fearful when others are greedy. just wait and be patient. wait for those greedy idiots to sweat shit out of their pores.
currently there are lots of sellers testing market like me (hired 4 agents who are spamming online ads on propertyguru and iproperty). however, I'm no speculator as I've paid up in full
if not, just wait till top then sell, should be time for another peak
Junior
Where were you when the market at it lowest.?1000psf or below wait long long? hmm......
check out this very recent excerpt from ST:
"Under the laws of economics, prices will not go up indefinitely. At one point or another, prices will have to come down because it is not possible for wages to catch up with it and when it comes crashing down. Singaporeans who have paid a hefty amount for the flats will now be plunged into financial distress, as banks continuously urge them to replenish their mortgage loans."
good luck to those speculators, even if they have to wait, with all the talk about overheating and bubble formation, they are the ones who have to sweat it out. in this case, all buyers with capital (like myself) should beware: be fearful when others are greedy. just wait and be patient. wait for those greedy idiots to sweat shit out of their pores.
With ur capitals at that point of time, u could easily snap up 2units like any seasoned investors do.
Newbie
still saving up lor and havent got married ma, what to do? i'm no speculator, just a buyer with savings ( i suppose that counts as capital?), but nvm, if cannot afford then it's ok. i'll wait!Where were you when the market at it lowest.?
With ur capitals at that point of time, u could easily snap up 2units like any seasoned investors do.
Junior
Oic, I just hope that you didnt apply ur Under the laws of economics,during the market lowest.?? Prices gotta go down..??
Everyone here might be a single, or worst cases married but as only sole bread winner for a whole family.
Junior
\too early to tell a bubble, in addition, 1 more year down the road (that's when buyers are paying the next installment), the parc would be mostly sold and prices should surpass hundred trees <-- if conditions are right
currently there are lots of sellers testing market like me (hired 4 agents who are spamming online ads on propertyguru and iproperty). however, I'm no speculator as I've paid up in full
if not, just wait till top then sell, should be time for another peak
speculators are those that buy to profit, rather than to meet a genuine need for housing. Thus, you are a speculator, not a owner-occupier.
As a speculator, you are not a smart one, paying such riduculour prices for hundred trees, which don't have a upside potential, but plenty of downside risk. just wait to lose at least 200k at the end.
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